Philadelphia, PA 19121,1618 N BOUVIER ST
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Philadelphia, PA 19121,1618 N BOUVIER ST
Philadelphia, PA 19121,1618 N BOUVIER ST
Philadelphia, PA 19121,1618 N BOUVIER ST
Philadelphia, PA 19121,1618 N BOUVIER ST

$440,000

Est. payment /mo

$476,000

7.6%
Est.Price: ?

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1618 N BOUVIER ST Philadelphia, PA 19121

8 Beds

3 Baths

2,130 SqFt

SOLD DATE : 10/28/2021

Key Details

Sold Price $440,000

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,130 sqft

Price per Sqft $206

Subdivision Temple University

MLS Listing ID PAPH2008902

Style Traditional

Bedrooms 8

Full Baths 3

Year Built 1920

Annual Tax Amount $5,515

Tax Year 2021

Lot Size 1,110 Sqft

Property Description

Completely renovated with new additions in 2019! It features 8 decent size bedrooms and 3 bathrooms with laundry unit in the finished basement. It has central HVAC system and a great backyard for activities or just rest. It is an excellent turn key rental property with close to 9% NOI cap rate after tax and other expenses. The property is in excellent condition and pretty much maintenance free. It's currently fully occupied by 8 great temple students with the lease to 07/31/2021 for $4200 per month. The good part is that the lease is renewed to 07/31/2022 for school year of 2021-2022. So you have one more full year to collect rents after purchase. This property is easy to rent out due to its location and excellent condition. The rent is slightly lower than the market on the similar location and condition by comparison. So there is great potential to increase the rent for school year of 2022-2023 post pandemic. Great location with this awesome investment property in the heart of the Temple University! Only a couple blocks away from the main campus! Just moments to the Broad Street Line at located at the Cecil B Moore Station - BSL stop. Easy access to shopping, public transportation & the Fresh Grocer, Temple University Sports Complex and The Liacouras Center & Pearson-McGonigle Hall. Come to view it today! Don't miss this great investment opportunity! Add it to your next investment portfolio!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C

Exterior

Water Access N

Building

Story 3

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Wei Lin • Tesla Realty Group, LLC
Bought with Wei Lin • Tesla Realty Group, LLC

Jason Gareau

Broker

+1(609) 929-4486

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